...It was recently revealed through Hillary’s emails that during her first year as Secretary of State sheinsisted that Laureate Education be includedin the guest list for an education policy dinner hosted at the U.S. Department of State.
“It’s a for-profit model that should be represented,” she wrote in the August 2009 email, and as a result, a senior vice president at Laureate was added to the guest list. Several months later, former President Bill Clinton became an honorary chancellor of Laureate International Universities, which turned out to be incredibly lucrative. He was paid a cool $16.5 million between 2010 and 2014 for his role with the for-profit college.
Why is this such a big deal?
For-profit colleges have been investigated and shut down in recent years for breaking various state and federal laws. Federal investigations discovered that for-profits have been using deceptive recruiting techniques by inflating job placement numbers while targeting underprivileged youth and veterans. Potential students are encouraged to take out massive amounts of federal student loan debt with the promise of a great post-graduation job, which many never get....